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Husband and wife in pyramid scam granted bail

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Colombo Chief Magistrate Prasanna Alwis yesterday (24) ordered the release of two teachers, husband and wife, who were arrested for conducting an alleged pyramid scam through software called Spot Chain, involving Rs.15 billion, on personal bail of Rs. 15 million each.

The Criminal Investigation Department arrested the suspects at Katunayake Airport on their return from Dubai and brought them before the Court.

The Criminal Investigation Department informed the Court that an amount of Rs. 110 million had been transferred from the suspect Prasad Jayaweera’s account to Rovin De Manjula Medawatta, another suspect in the Spot Chain scam, who is to be arrested by the CID. In 2022, the suspects went abroad and after the CID related the facts in Court, a foreign travel ban was imposed on them. The suspects were arrested at the airport when they returned to Sri Lanka.

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